Ways to create Risk in Risk Management-GRCV10.0

Dear all,

This document gives an overview to create different ways to create risk in Risk Management

We can create risk in risk management in two different ways

1. Risks and Opportunities
2. Activities

Risks and Opportunities

Click on Risk and Opportunities to create risk

Refer my previous blog on how to create risk Creation of Risk in Risk Management GRC V10.0

Click on Activities to create risk from third tab risk and opportunities

Click on Create

To create Activity, we need to maintain activity Categories

Activity Category is configured at Master data

Click on Activity Hierarchy

Click on Create and Provide Details

We need to select Allow Activity Assignment is YES, otherwise we cannot use in Activity

Go to Tabs Risk Classification and Opportunity Classification

Risk Classification and Opportunity Classification will be configured under

Risk classification will be part of Risk Category

Opportunity classification will be part of Opportunity Catalog

Note: Make too sure select Allow Assignment is “YES” and time frames are also important

Now go to Risk Classification and click on Assign to add

Now go to Opportunity Classification and click on Assign to add

Now click on SAVE, Created activity will be available in Activity hierarchy

Now we can use the created activity category in Activity

Provide Name, Select organization unit from F4 list and Select the Activity Category from F4 list (Which is created like above)

Now go to Roles Tab to assign the owners

Roles assignment can be maintained in SPRO

Now select the role and assign the user

Now go to Risks and opportunities,

Refer my previous blog on how to create risk Creation of Risk in Risk Management GRC V10.0

Regards

Baithi